Legal Counsel, Regulatory Affairs
Venture outside the ordinary - TMX Careers
The TMX group of companies includes leading global exchanges such as the Toronto Stock Exchange, Montreal Exchange, and numerous innovative organizations enhancing capital markets. United as a global team, we're connecting cross-functionally, traversing industries and geographies, moving opportunity into action, advancing global economic growth, and propelling progress. Through a rich exchange of ideas, meaningful collaboration, and a nimble operating model, we're powering some of the nation's most critical systems, fueling capital formation and innovation, bringing increased opportunity to business visionaries, product ingenuity to consumers, and career exploration to our team.
Ready to be part of the action?
About TMX GroupTMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, Trayport and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Beijing and Singapore.
Department Overview
TMX Group's Office of the General Counsel (GCO) is a high-performing legal team with offices in Toronto, Montreal, Calgary, Vancouver and London (U.K.) and is responsible for providing TMX Group and its subsidiaries with the full suite of legal services they need to support and develop their businesses, including with respect to corporate, securities, governance, regulatory, commercial and intellectual property law.
Description of Role
Provide legal and regulatory support to equity trading, equites market data, and capital formation businesses
Act as key legal adviser for new initiatives led by our equities exchange trading (TSX, TSXV, Alpha) and data (Datalinx) businesses
Be actively involved in all aspects of the board and regulatory approval process for changes to equities trading and data rules, fee changes and new product offerings
Partner with the business to achieve desired regulatory outcomes
Cultivate strong working relationships with the staff of key regulators
Support the businesses' compliance with their regulatory obligations, including requirements relevant to their status as recognized exchanges
Advise Vice President, Regulatory Affairs and other leaders on new and changing regulatory requirements
Monitor securities industry and related proposed legal and policy developments in Canada and other jurisdictions
Assist with advocacy in areas of regulatory reform, including drafting responses to requests for comment on proposals that may affect TMX Group businesses, with input from the relevant stakeholders
Requirements
Member of law society in any province of Canada in good standing
4-8 years legal experience in securities, corporate and/or commercial with a reputable company or top tier law firm
Knowledge of regulatory and operational aspects of equities trading and real-time market data is an asset
Interest in equities trading, capital markets, new regulatory developments and financial innovation
Strong advocacy skills, and the ability to succinctly explain complex matters to audiences with varying degrees of background information
Understands how to work effectively within a broader enterprise with overarching priorities
Contributes to a culture of high performance, accountability and inclusivity
Strong attention to detail, but also the ability to remain focused on the big picture
Recognizes the importance of understanding client needs and giving intelligent, thoughtful and practical advice
Ability to take on responsibilities autonomously and to manage numerous priorities optimally
Thrive in constantly changing environment
Self-starter but also team-oriented
Excellent analytical and communication skills
Result-oriented and commercially astute
In the market for…
Excitement - Explore emerging technology and innovation, as well as ventures and digital finance that shape the future of global markets! Experience the movement of the market while grounded in the stability of close to 200 years of success.
Connection - With site hubs in some of the world's most multicultural cities, we leverage our size and structure to create rich connections and belonging while experiencing powerful global impact through our work.
Impact - More than a platform, we use our talents to power mission-critical systems that drive global economic advancement, innovation, and growth. As well, our employee-led Team Impact spreads social good via our giving strategy.
Wellness - From empathetic leadership to a culture of flexibility and balance, we believe wellness at work creates the maximum yield and a stronger "we". Plus, with a cloud-first and hybrid workstyle, as well as generous time-off and leaves, we support a life well lived!
Growth - From a growth mindset in our work, to expansion in our business, TMX is home to action-takers energized by the achievement of ambitious growth.
Ready to enrich your career with impactful work, leaders who truly care, and the flexibility and programs to help you thrive as part of #TeamTMX ? Apply now.
TMX is committed to creating and sustaining a collegial work environment in which all individuals are treated with dignity and respect and one which reflects the diversity of the community in which we operate. We provide accommodations for applicants and employees who require it.